If property escheats, its title is transferred to a person's nearest blood relative.

Reece has decided to start his own brewery. To purchase the necessary equipment, Reece withdrew $20,000 from his savings account

KengaRu [80]

Answer:

The opportunity cost is the income earned from her balance on savings account at the interest rate of 3% per year that Reece would received if she had not opened her owned brewery business. This opportunity cost is $600 per year.

Explanation:

Please find the below for further explanation and calculations:

The opportunity cost per one year = Income earned on saving account per one year = 20,000 x 3% = $600;

The reason why it is an opportunity cost is because as a result of opening brewery business, Reece sacrifices the income earned on this saving, instead, she contributes the saving fund to her brewery business.

8 0

2 years ago

Business Designs utilizes a structure that includes functional divisions, such as accounting and production, and a divisional ch

SSSSS [86.1K]

Answer:

Matrix organization.

Explanation:

A matrix organization is a blended organizational structure. This tries simultaneously to deal with competing pressures for global integration and local responsiveness. Institutes overlaps among functional and divisional forms.

Although a functional hierarchy is still in place, the project manager is recognized as a valuable position and is given more authority to manage the project and assign resources.

Gives functional, product, and geographic groups a common focus.

Matrix organizations can be further divided into weak, balanced, and strong matrix organizations. A weak matrix gives more authority to the functional manager (FM), whereas the strong matrix gives more power to the PM. As the name suggests, the balanced matrix balances power between the FM and the PM. The difference between the three is the level of authority given to the project manager (PM).

3 0

1 year ago

Read 2 more answers

Wendy Epstein, a sales representative, earns an annual salary of $29,500 and receives a commission on that portion of her annual

Likurg_2 [28]

Answer:

a. Regular annual salary = $29,500

b. Sales commission = $13,750

c. Total annual earnings = $43,250

Explanation:

a. Regular annual salary is constant and fixed = $29,500

b. Sales commission for sales above $150,000 to $200,000 = 8.5%

On sales above $200,000 Sales commission = 10%

Actual Sales for the year = $295,000

Sales Commission

= $200,000 - $150,000 = $50,000 $\times$ 8.5% = $4,250

+ $295,000 - $200,000 = $95,000 $\times$ 10% = $9,500

Total commission = $4,250 + $9,500 = $13,750

c. Total annual earnings = Annual salary + Total commission

= $29,500 + $13,750 = $43,250

Final Answer

a. Regular annual salary = $29,500

b. Sales commission = $13,750

c. Total annual earnings = $43,250

7 0

2 years ago

The unusual types of ingredients Vosges uses, as described in the video, are part of which elementof the four Ps?

Inga [223]

Answer:

B. product

Explanation: the unusual ingredients are part of the product.

6 0

2 years ago

Huxley Building Supplies' last free cash flow was $1.75 million. Its free cash flow growth rate is expected to be constant at 25

Kipish [7]

Answer:

Ans. The best estimate of the current intrinsic stock price is $36.51

Explanation:

Hi, first, we have to determine the cash flows for year 1 and 2 (when the stock grows at 25%) and then, the terminal value (using the constant growth rate of 6%). Then we have to bring to present value all the cash flows (terminal value included) and since the terminal value is an amount of money expressed in dollars of year 2, we have to bring it to present value, discounted at the WACC.

Normally, we need to use the rate of return of the equity but in this case this is not possible due to the lack of information. What we can do is to find the value of the company´s equity, which means that If we bring to present value tha cash flows of year 1 and 2 and the terminal value (using thte WACC as a discount rate) and add the short term invesments and substract the debt of the company, we can find the equity´s value and divide it by the outstanding shares, therefore obtaining a good aproximation to the intrinsic value of the stock. It all goes like this.

Note. Notice that 1.75 millions were the last cash flow so we need to find the cash flow for year 1 (CF1)

$(PV)CF1=\frac{1.75(1+0.25)}{(1+0.12)^{1} } =1.9531$